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a. Wages of $6.000 are earned by workers but not paid as of December 31. b. Depreciation on the company's equipment for the year is
a. Wages of $6.000 are earned by workers but not paid as of December 31. b. Depreciation on the company's equipment for the year is $10,120. c. The Office Supplies account had a $300 debit balance at the beginning of December. During December, $5,849 of office supplies are purchased. A physical count of supplies at December 31 shows $635 of supplies available d. The Prepaid Insurance account had a $5,000 balance at the beginning of December. An analysis of Insurance policies shows that $2,400 of unexpired insurance benefits remain at December 31 e. The company has earned (but not recorded) $1.000 of interest revenue for the year ended December 31. The interest payment will be received on 10 days after the year end January 10, t. The company has a bank loan and hos incurred (but not recorded interest expense of $3,500 for the year ended December 31. The company wili pay the interest five days after the year-end on January 5 For each of the above separate coses, prepare adjusting entries required of financial statements for the year ended (date on December 31 View transactions Journal entry worksheet 1 2 3 4 5 Wage of 10,000 are earned by workers but not paid as of December 31
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